US soybean export sales plunge 38% to 265,700 tonnes
Chicago Mercantile Exchange (CME) grain prices mostly fell on Thursday May 16. The July CME soybean futures contract showed...
Market sources also reported that UCO traded at €1,065 per tonne on a DDP France basis, while deals for imported UCO were heard at $975 per tonne CIF Rotterdam, for delivery in ISO tanks.
Prices for Asia-origin UCO were stable in the range of $850-865 per tonne FOB China. High freight rates around $150-170 per tonne for container shipment deliveries from Asia to Europe were urging European importers to turn to alternative origins, including Middle Eastern and North African UCO.
In the...